Articles by Northern Miner Staff

Friday, December 20, 1996Price (US)Week’s ChangeGold*$369.20+ $0.20Silver*$ 4.88…

ExchgValue($000s)HighLowCloseChangeBre-X MnrlsT36…

1996Dec 24Dec 23Dec 20Dec 19Dec 18HighLowComposit…

Gold Funds as of December 19, 1996BGRCentralNet Value$22.06$6.17Price$17.00…

A “breakthrough in assaying” has encouraged International Precious Metals (IPMC-C) to begin another pilot plant test program at its Black Rock Extended project in Arizona.An earlier metallurgical test…

Angus Taylor appointed director.

Ian Burgess appointed president and director; Louis Wolfin and Michael Baybak elected directors.

North American mining companies now have someplace else to turn to for capital for Southeast Asian projects.Australian-based Resource Finance Corporation, a merchant and investment bank, has establish…

A geophysical program by Noranda (NOR-T) will explore polymetallic showings at its La Grande Nord property in Quebec.Previous work, including trenching and grab samples, at the 330-sq-km property, nea…

Michel David appointed chairman; Pieter Duhaime appointed president, chief executive officer and secretary; S. Hamilton appointed vice-president of exploration.

The proposed merger of Geomaque Explorations (GEO-T) and Milagro Minerals (MLG-V) has been killed, but who pulled the trigger is being hotly debated by the companies.Geomaque balked at merging until “…

Exploration by Peruvian Gold (PVO-V) is testing a gold prospect in northern Ecuador.The latest results from the Encanto gold porphyry prospect include narrow, 1-metre intervals of mineralization rangi…